Listed by Best Choice Network LLC, Bought with Liberty Real Estate, LLC
NOT LISTED FOR SALE

7401 S Fife St Unit 7403 Tacoma, WA 98409

South Tacoma Neighborhood

Estimated Value: $453,722 - $486,000

4 Beds
2 Baths
1,584 Sq Ft
$295/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $322,000 $203 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,823/month

157 Days on Market

Highlights

  • Corner Lot
  • Wood Siding
  • 1-Story Property

About This Home

As of March 2021

Awesome Investment Opportunity - ready for you! Enjoy two units in the heart of Tacoma w/ 2 bds-1 ba each & on a corner lot! Currently rented means steady income for you - don't miss this one. Please do not disturb tenants.

Last Agent to Sell the Property

Sherry Leffall

Best Choice Network LLC License #138072 Listed on: 08/21/2020

Best Choice Network LLC

Last Buyer's Agent

Son Nguyen

Liberty Real Estate, LLC License #9077

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1650685

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,638

Year Built

  • Built in 1979

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 50' x 120' x 50' x 120'
  • Corner Lot

Home Design

  • Duplex
  • Fixer Upper
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,584 Sq Ft Home
  • 1-Story Property

Parking

  • 4 Parking Spaces
  • Open Parking

Community Details

  • South Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2235000950

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,638

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1979
  • Buyer Agency Compensation: 3.0%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1584
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Corner Lot, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fixer
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Tacoma Public Utilities
  • SewerCompany: Tacoma Public Utilities
  • WaterCompany: Tacoma Public Utilities

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 2235000950
  • Lot Size Acres: 0.1377
  • Lot Size: 50' x 120' x 50' x 120'
  • Lot Size Sq Ft: 6000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 38
  • LeasedItems: None
  • TotalMonthlyIncome: 1450

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3638

Multi Family

  • Number Of Units Total: 2
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2020
Closed on
Mar 3, 2021
Sold by
Che Meng Yu and Estate Of Joanne Che
Bought by
Nguyen Huy Quang
Seller's Agent
Sherry Leffall
Best Choice Network LLC
Buyer's Agent
Son Nguyen
Liberty Real Estate, LLC
List Price
$322,000
Sold Price
$322,000
Current Estimated Value
$466,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,931
Avg. Annual Appreciation
8.32%
Original Mortgage
$241,500
Outstanding Balance
$216,488
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$250,443

Purchase Details

Closed on
Aug 2, 1994
Sold by
Fox Fred A
Bought by
Che Joanne
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nguyen Huy Quang $322,000 None Available
Che Joanne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Huy Quang $241,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2021 03/05/21 Sold $322,000 0.0% $203 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
12/23/2020 12/23/20 For Sale $322,000 0.0% $203 / Sq Ft
12/14/2020 12/14/20 Pending -- -- --
10/27/2020 10/27/20 Price Changed $322,000 -2.1% $203 / Sq Ft
08/21/2020 08/21/20 For Sale $329,000 -- $208 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,403 $447,500 $206,400 $241,100
2024 $4,403 $429,500 $199,400 $230,100
2023 $4,403 $395,400 $190,800 $204,600
2022 $3,969 $417,500 $179,200 $238,300
2021 $3,670 $291,800 $109,300 $182,500
2019 $3,069 $268,100 $89,600 $178,500
2018 $3,100 $236,000 $74,300 $161,700
2017 $2,881 $196,100 $50,700 $145,400
2016 $2,377 $149,100 $39,600 $109,500
2014 $2,209 $136,600 $39,000 $97,600
2013 $2,209 $126,300 $36,100 $90,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1650685

Northwest Multiple Listing Service (NWMLS)

APN: 223500-0950